---
title: "JP Morgan lists the Chinese stocks that are most negatively impacted by the appreciation of the RMB (Table)"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/275404223.md"
description: "JP Morgan listed the companies affected by the appreciation of the RMB on the earnings of Chinese stocks, indicating that a 5% appreciation of the RMB against the USD will negatively impact the net profits of several companies. The affected companies include SHENZHOU INTL, Super Ocean International, SMIC, USISH, COWELL, Longi Green Energy, SINOCERA MATERIAL, Zhejiang Dingli, Sany, XCMG, WUXI BIO, WUXI XDC, Jereh Holdings, and Sinopec Oilfield Service, with an expected impact range of 7% to 15%"
datetime: "2026-02-10T04:57:44.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/275404223.md)
  - [en](https://longbridge.com/en/news/275404223.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/275404223.md)
generator: "portal-rs"
---

# JP Morgan lists the Chinese stocks that are most negatively impacted by the appreciation of the RMB (Table)

Stock│Estimated Impact on Net Profit from a 5% Appreciation of RMB against USD

Shenzhou International (02313.HK)│High single-digit number

Superbloom International (02111.HK)│High single-digit number

SMIC (00981.HK)│High single-digit number

USISH (601231.SH)│Approximately -10%

COWELL (01415.HK)│Approximately -10%

Longbai Group (002601.SZ)│Approximately -15%

SINOCERA MATERIAL (300285.SZ)│Approximately -13%

Zhejiang Dingli (603338.SH)│Approximately -7%

Sany (600031.SH)│Approximately -8%

XCMG (000425.SZ)│Approximately -9%

WUXI BIO (02269.HK)│Approximately -10%

WUXI XDC (02268.HK)│Approximately -10%

Jereh (002353.SZ)│Approximately -12%

Sinopec Oilfield Service (01033.HK)│Approximately -8%

### Related Stocks

- [688981.CN](https://longbridge.com/en/quote/688981.CN.md)
- [83192.HK](https://longbridge.com/en/quote/83192.HK.md)
- [02313.HK](https://longbridge.com/en/quote/02313.HK.md)
- [600031.CN](https://longbridge.com/en/quote/600031.CN.md)
- [03192.HK](https://longbridge.com/en/quote/03192.HK.md)
- [02268.HK](https://longbridge.com/en/quote/02268.HK.md)
- [300285.CN](https://longbridge.com/en/quote/300285.CN.md)
- [03420.HK](https://longbridge.com/en/quote/03420.HK.md)
- [600871.CN](https://longbridge.com/en/quote/600871.CN.md)
- [00981.HK](https://longbridge.com/en/quote/00981.HK.md)
- [02269.HK](https://longbridge.com/en/quote/02269.HK.md)
- [601231.CN](https://longbridge.com/en/quote/601231.CN.md)
- [01415.HK](https://longbridge.com/en/quote/01415.HK.md)
- [000425.CN](https://longbridge.com/en/quote/000425.CN.md)

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---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**